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Compania Nacional de Gas (Conagas)

Sector: Natural Gas • Location: Mexico

Source: World Bank Group

Project
Active

Conagas has been distributing natural gas in Pedras Negras since 1935, but, with the change in the regulation that occurred in 1995, the company had to request a new permit to operate in the area. This new distribution permit was issued in Mar. 1997 and has a duration of 30 years (including a five-year exclusivity period). With this new contract, Conagas has agreed to invest US$ 0.6 million in the

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The project “Compania Nacional de Gas (Conagas)” is an infrastructure initiative in the Natural Gas sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Participants

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Company

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Status

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active

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Description

Description

Conagas has been distributing natural gas in Pedras Negras since 1935, but, with the change in the regulation that occurred in 1995, the company had to request a new permit to operate in the area. This new distribution permit was issued in Mar. 1997 and has a duration of 30 years (including a five-year exclusivity period). With this new contract, Conagas has agreed to invest US$ 0.6 million in the next five years to expand its network (Conagas has currently a 200 km distribution network). The company currently has 15,000 customers, but it agreed to reach 25,608 users in the next five years (mostly residential users). Southern Union Energy owns 43% of Conagas shares, while the Libson Family owns the remaining shares. None None

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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